Power Finance Corporation Limited (PFC) has come out with a Tax Free NCD issue aggregating Rs 1,000 Crores with an option to retain an oversubscription upto the Shelf Limit (i.e. Rs. 4033.13 Crores) ("Issue").
Key Features:
Issue Open On: Friday, 30th December 2011
Issue Closes On: Monday, 16th January 2012
Rating: "CRISIL AAA/Stable" by CRISIL, "ICRA AAA" by ICRA
Options: Series I: Tenor of 10 years with an annual coupon payment of 8.20% p.a.
Series II: Tenor of 15 years with an annual coupon payment of 8.30% p.a.
Minimum Application: Rs. 10,000 & in multiples of Rs. 5,000 thereof
Allotment:
Allotment shall be on first come first serve basis, with Issuer Company having the discretion to close the Issue early irrespective of whether any of the Portion(s) are fully subscribed.
For any other information/ support required, please call at 0265 6454851 / +91 9824063400 or send email to zoherdoctor@gmail.com
Ask for application forms(soft copy)
with warm regards
Zoher Doctor / Smart Money Inc.
Financial Planner
Disclaimer
Information, charts or examples contained in this mail is for illustration and educational purposes only. It should not be considered as advice or an endorsement to purchase or sell any security or its financial instrument until you are well conversant and confident about the movement.
For indiviual guidance please write to me seperately at zoherdoctor@gmail.com
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